{"id":308307,"date":"2026-10-14T16:05:09","date_gmt":"2026-10-14T10:35:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=308307"},"modified":"2026-10-14T16:05:09","modified_gmt":"2026-10-14T10:35:09","slug":"solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/","title":{"rendered":"3 Solar Pump, Power Generation and Steam Turbine Stocks With a Strong Future Roadmap: Shakti Pumps (India), Adani Power and Triveni Turbine"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Shakti Pumps Rs 424.45, P\/E 24.72. Adani Power Rs 185.96, P\/E 24.93. Triveni Turbine Rs 523.10, P\/E 48.84. Closing prices of 13 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Solar pump, power generation and steam turbine stocks with the clearest long-term roadmaps today include Shakti Pumps in pumps and motors, with a focus on solar pumping systems for farms, Adani Power in thermal power generation under long-term supply contracts and Triveni Turbine in industrial steam turbines for cogeneration, biomass and waste-to-energy plants, with aftermarket services. P\/E stands at 24.72 for Shakti Pumps (industry 47.18), 24.93 for Adani Power (industry 22.17) and 48.84 for Triveni Turbine (industry 47.09). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Solar pump, power generation and steam turbine stocks give investors exposure to pumps, electricity and turbines that farms, utilities and factories depend on. Order flow, plant availability and execution decide how much of that demand turns into profit.<\/p>\n<p>This list covers three solar pump, power generation and steam turbine stocks: Shakti Pumps (India) for pumps and motors, with a focus on solar pumping systems for farms, Adani Power for thermal power generation under long-term supply contracts and Triveni Turbine for industrial steam turbines for cogeneration, biomass and waste-to-energy plants, with aftermarket services. Every figure comes from the latest reported financials and the 13 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#What_Are_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\" title=\"What Are Solar Pump, Power Generation and Steam Turbine Stocks?\">What Are Solar Pump, Power Generation and Steam Turbine Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_at_a_Glance\" title=\"Solar Pump, Power Generation and Steam Turbine Stocks at a Glance\">Solar Pump, Power Generation and Steam Turbine Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Why_Do_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Solar Pump, Power Generation and Steam Turbine Stocks Have a Strong Roadmap in India?\">Why Do Solar Pump, Power Generation and Steam Turbine Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Shakti_Pumps_India_Solar_Pumping_Systems_Drive_the_Pipeline\" title=\"Shakti Pumps (India): Solar Pumping Systems Drive the Pipeline\">Shakti Pumps (India): Solar Pumping Systems Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Adani_Power_Thermal_Power_Capacity_Anchors_the_Roadmap\" title=\"Adani Power: Thermal Power Capacity Anchors the Roadmap\">Adani Power: Thermal Power Capacity Anchors the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Triveni_Turbine_Industrial_Steam_Turbines_Build_the_Next_Leg\" title=\"Triveni Turbine: Industrial Steam Turbines Build the Next Leg\">Triveni Turbine: Industrial Steam Turbines Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Best_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_in_India_Shakti_Pumps_vs_Adani_Power_vs_Triveni_Turbine_on_Key_Financials\" title=\"Best Solar Pump, Power Generation and Steam Turbine Stocks in India: Shakti Pumps vs Adani Power vs Triveni Turbine on Key Financials\">Best Solar Pump, Power Generation and Steam Turbine Stocks in India: Shakti Pumps vs Adani Power vs Triveni Turbine on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#How_to_Evaluate_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Solar Pump, Power Generation and Steam Turbine Stocks to Buy Before You Invest\">How to Evaluate Solar Pump, Power Generation and Steam Turbine Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Risks_to_Consider_Before_Investing_in_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\" title=\"Risks to Consider Before Investing in Solar Pump, Power Generation and Steam Turbine Stocks\">Risks to Consider Before Investing in Solar Pump, Power Generation and Steam Turbine Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#FAQs_on_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\" title=\"FAQs on Solar Pump, Power Generation and Steam Turbine Stocks\">FAQs on Solar Pump, Power Generation and Steam Turbine Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Which_are_the_best_solar_pump_power_generation_and_steam_turbine_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best solar pump, power generation and steam turbine stocks in India with a strong roadmap?\">Which are the best solar pump, power generation and steam turbine stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Is_Shakti_Pumps_India_a_good_stock_to_buy_now\" title=\"Is Shakti Pumps (India) a good stock to buy now?\">Is Shakti Pumps (India) a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#What_is_the_PE_ratio_of_Shakti_Pumps_Adani_Power_and_Triveni_Turbine\" title=\"What is the P\/E ratio of Shakti Pumps, Adani Power and Triveni Turbine?\">What is the P\/E ratio of Shakti Pumps, Adani Power and Triveni Turbine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Which_of_these_solar_pump_power_generation_and_steam_turbine_stocks_has_the_highest_return_on_equity\" title=\"Which of these solar pump, power generation and steam turbine stocks has the highest return on equity?\">Which of these solar pump, power generation and steam turbine stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#What_are_the_risks_of_investing_in_solar_pump_power_generation_and_steam_turbine_stocks\" title=\"What are the risks of investing in solar pump, power generation and steam turbine stocks?\">What are the risks of investing in solar pump, power generation and steam turbine stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#How_did_Shakti_Pumps_Adani_Power_and_Triveni_Turbine_perform_in_Q1_FY27\" title=\"How did Shakti Pumps, Adani Power and Triveni Turbine perform in Q1 FY27?\">How did Shakti Pumps, Adani Power and Triveni Turbine perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#Do_solar_pump_power_generation_and_steam_turbine_stocks_pay_dividends\" title=\"Do solar pump, power generation and steam turbine stocks pay dividends?\">Do solar pump, power generation and steam turbine stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/solar-pump-power-generation-and-steam-turbine-stocks-roadmap-vision-list\/#How_can_I_invest_in_solar_pump_power_generation_and_steam_turbine_stocks_in_India\" title=\"How can I invest in solar pump, power generation and steam turbine stocks in India?\">How can I invest in solar pump, power generation and steam turbine stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\"><\/span><strong>What Are Solar Pump, Power Generation and Steam Turbine Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Solar pump, power generation and steam turbine stocks are shares of companies that make pumps, generate power or build turbines. Results depend on order flow, plant availability and execution, so execution and margins separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_at_a_Glance\"><\/span><strong>Solar Pump, Power Generation and Steam Turbine Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three solar pump, power generation and steam turbine stocks as of the 13 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/shaktipump\/shakti-pumps-india-ltd-share-price-today\">Shakti Pumps (India)<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">424.45<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,251<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47.18<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.10%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/adanipower\/adani-power-ltd-share-price-today\">Adani Power<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">185.96<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">362,552<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.76%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.84<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/triturbine\/triveni-turbine-ltd-share-price-today\">Triveni Turbine<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">523.10<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16,412<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.18%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among power and engineering stocks, Adani Power and Triveni Turbine trade at a premium to the industry P\/E, while Shakti Pumps trades at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Solar Pump, Power Generation and Steam Turbine Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Solar pump, power generation and steam turbine stocks have a strong roadmap in India because solar irrigation schemes, rising power use and industrial cogeneration keep adding demand for these firms. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Solar irrigation:<\/strong> Farm schemes need solar pumping systems.<\/li>\n<li><strong>Power demand:<\/strong> Homes and factories keep using more electricity.<\/li>\n<li><strong>Industrial power:<\/strong> Cogeneration and biomass plants need turbines.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Shakti_Pumps_India_Solar_Pumping_Systems_Drive_the_Pipeline\"><\/span><strong>Shakti Pumps (India): Solar Pumping Systems Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shakti Pumps&#8217; roadmap rests on solar pumping systems and motors for farmers, supported by government irrigation schemes, with farm solarisation programmes supporting order inflow.<\/p>\n<p>Revenue grew from Rs 1,184.68 crore in FY22 to Rs 2,722.45 crore in FY26, a 129.8% rise, and FY26 revenue was 7.5% higher than FY25. FY26 net profit was Rs 257.58 crore. In Q1 FY27, revenue grew 39.2% to Rs 869.01 crore. Operating margin was 16.55% in FY26.<\/p>\n<p>Debt to equity is 0.29 and return on equity is 15.10%. FY26 operating cash flow was Rs 124.05 crore against capital expenditure of Rs 180.01 crore. Shakti Pumps paid a dividend of Rs 1 per share for FY26, a yield of 0.24%. At a P\/E of 24.72 against an industry P\/E of 47.18, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 24.72 against an industry P\/E of 47.18 leaves valuation less stretched, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adani_Power_Thermal_Power_Capacity_Anchors_the_Roadmap\"><\/span><strong>Adani Power: Thermal Power Capacity Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adani Power&#8217;s roadmap rests on thermal power generation from large plants supplying power across India, with long-term power purchase agreements supporting revenue.<\/p>\n<p>Revenue grew from Rs 31,686.47 crore in FY22 to Rs 57,865.28 crore in FY26, an 82.6% rise. FY26 net profit rose 1.7% to Rs 12,971.08 crore. Over four years, net profit rose from Rs 4,911.58 crore in FY22 to Rs 12,971.08 crore. In Q1 FY27, revenue grew 32.6% to Rs 19,322.30 crore, and net profit rose 47.2% to Rs 4,866.60 crore. Operating margin was 43.20% in FY26 and 44.90% in Q1 FY27 against 43.59% a year earlier.<\/p>\n<p>Debt to equity is 0.84 and return on equity is 19.76%. FY26 operating cash flow was Rs 20,513.65 crore against capital expenditure of Rs 23,350.09 crore. At a P\/E of 24.93 against an industry P\/E of 22.17, the stock trades above its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 operating margin was 44.90% against 43.20% for FY26, so margin stability is the figure to follow as volumes grow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Triveni_Turbine_Industrial_Steam_Turbines_Build_the_Next_Leg\"><\/span><strong>Triveni Turbine: Industrial Steam Turbines Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Triveni Turbine&#8217;s roadmap rests on industrial steam turbines for cogeneration, biomass and waste-to-energy plants, along with aftermarket services, with captive power and energy efficiency demand supporting orders.<\/p>\n<p>Revenue grew from Rs 881.72 crore in FY22 to Rs 2,257.61 crore in FY26, a 156.0% rise, and FY26 revenue was 8.2% higher than FY25. FY26 net profit was Rs 349.45 crore. In Q1 FY27, revenue grew 19.7% to Rs 471.10 crore. Operating margin was 23.50% in FY26.<\/p>\n<p>Debt to equity is 0.02 and return on equity is 24.18%. FY26 operating cash flow was Rs 110.95 crore against capital expenditure of Rs 71.60 crore. Triveni Turbine paid a dividend of Rs 4.25 per share for FY26, a yield of 0.82%. At a P\/E of 48.84 against an industry P\/E of 47.09, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 48.84 is a modest premium to the industry P\/E of 47.09, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_in_India_Shakti_Pumps_vs_Adani_Power_vs_Triveni_Turbine_on_Key_Financials\"><\/span><strong>Best Solar Pump, Power Generation and Steam Turbine Stocks in India: Shakti Pumps vs Adani Power vs Triveni Turbine on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best solar pump, power generation and steam turbine stocks in India, Shakti Pumps leads on Q1 FY27 revenue growth and the lowest P\/E; Adani Power leads on FY26 operating margin; Triveni Turbine leads on return on equity and the lowest debt to equity. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Shakti Pumps<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Adani Power<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Triveni Turbine<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,722.45<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">57,865.28<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,257.61<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">257.58<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,971.08<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">349.45<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.55%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.20%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.50%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.10%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.76%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.18%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.84<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.29<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.24%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.82%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">124.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20,513.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">110.95<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Power and engineering earnings follow order flow, plant availability and execution, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Solar Pump, Power Generation and Steam Turbine Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen solar pump, power generation and steam turbine stocks and shortlist solar pump, power generation and steam turbine stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by company here.<\/li>\n<li>Check operating margin, debt and cash flow together.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these solar pump, power generation and steam turbine stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\"><\/span><strong>Risks to Consider Before Investing in Solar Pump, Power Generation and Steam Turbine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Order timing:<\/strong> Delays in customer projects can shift revenue between quarters.<\/li>\n<li><strong>Government spending:<\/strong> Changes in public budgets can affect orders.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Shakti Pumps, Adani Power and Triveni Turbine live.<\/em><\/p>\n<p>Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three power and engineering stocks cover solar pumps, power generation and steam turbines. Shakti Pumps leads on Q1 FY27 revenue growth and the lowest P\/E; Adani Power leads on FY26 operating margin; Triveni Turbine leads on return on equity and the lowest debt to equity.<\/p>\n<p>Across solar pump, power generation and steam turbine stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the solar pump, power generation and steam turbine stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Solar_Pump_Power_Generation_and_Steam_Turbine_Stocks\"><\/span><strong>FAQs on Solar Pump, Power Generation and Steam Turbine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_solar_pump_power_generation_and_steam_turbine_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best solar pump, power generation and steam turbine stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shakti Pumps (India), Adani Power and Triveni Turbine stand out for their roadmaps in solar pumps, power generation and steam turbines. Return on equity ranges from 15.10% to 24.18%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shakti_Pumps_India_a_good_stock_to_buy_now\"><\/span><strong>Is Shakti Pumps (India) a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shakti Pumps (India) has a debt to equity ratio of 0.29, a return on equity of 15.10% and a P\/E of 24.72 against an industry P\/E of 47.18. Valuation, order flow and execution move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Shakti_Pumps_Adani_Power_and_Triveni_Turbine\"><\/span><strong>What is the P\/E ratio of Shakti Pumps, Adani Power and Triveni Turbine?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 24.72 for Shakti Pumps (industry 47.18), 24.93 for Adani Power (industry 22.17) and 48.84 for Triveni Turbine (industry 47.09). Only Adani Power and Triveni Turbine trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_solar_pump_power_generation_and_steam_turbine_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these solar pump, power generation and steam turbine stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Triveni Turbine has the highest return on equity at 24.18%, followed by Adani Power at 19.76% and Shakti Pumps (India) at 15.10%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_solar_pump_power_generation_and_steam_turbine_stocks\"><\/span><strong>What are the risks of investing in solar pump, power generation and steam turbine stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Shakti_Pumps_Adani_Power_and_Triveni_Turbine_perform_in_Q1_FY27\"><\/span><strong>How did Shakti Pumps, Adani Power and Triveni Turbine perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shakti Pumps (India) reported revenue of Rs 869.01 crore, up 39.2% year on year. Adani Power reported revenue of Rs 19,322.30 crore, up 32.6% year on year, and net profit rose 47.2% to Rs 4,866.60 crore. Triveni Turbine reported revenue of Rs 471.10 crore, up 19.7% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_solar_pump_power_generation_and_steam_turbine_stocks_pay_dividends\"><\/span><strong>Do solar pump, power generation and steam turbine stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shakti Pumps and Triveni Turbine pay dividends. The dividend yield is 0.24% for Shakti Pumps and 0.82% for Triveni Turbine, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_solar_pump_power_generation_and_steam_turbine_stocks_in_India\"><\/span><strong>How can I invest in solar pump, power generation and steam turbine stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy solar pump, power generation and steam turbine stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best solar pump, power generation and steam turbine stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shakti Pumps (India), Adani Power and Triveni Turbine stand out for their roadmaps in solar pumps, power generation and steam turbines. Return on equity ranges from 15.10% to 24.18%.\"}},{\"@type\":\"Question\",\"name\":\"Is Shakti Pumps (India) a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shakti Pumps (India) has a debt to equity ratio of 0.29, a return on equity of 15.10% and a P\/E of 24.72 against an industry P\/E of 47.18. Valuation, order flow and execution move results. 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Only Adani Power and Triveni Turbine trade at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these solar pump, power generation and steam turbine stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Triveni Turbine has the highest return on equity at 24.18%, followed by Adani Power at 19.76% and Shakti Pumps (India) at 15.10%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in solar pump, power generation and steam turbine stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.\"}},{\"@type\":\"Question\",\"name\":\"How did Shakti Pumps, Adani Power and Triveni Turbine perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shakti Pumps (India) reported revenue of Rs 869.01 crore, up 39.2% year on year. Adani Power reported revenue of Rs 19,322.30 crore, up 32.6% year on year, and net profit rose 47.2% to Rs 4,866.60 crore. Triveni Turbine reported revenue of Rs 471.10 crore, up 19.7% year on year.\"}},{\"@type\":\"Question\",\"name\":\"Do solar pump, power generation and steam turbine stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shakti Pumps and Triveni Turbine pay dividends. The dividend yield is 0.24% for Shakti Pumps and 0.82% for Triveni Turbine, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in solar pump, power generation and steam turbine stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy solar pump, power generation and steam turbine stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shakti Pumps (India), Adani Power and Triveni Turbine compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":35,"featured_media":308306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[4288,12165,12166,10528,10094,10606],"class_list":["post-308307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-adani-power","tag-power-generation-and-steam-turbine-stocks","tag-power-generation-and-steam-turbine-stocks-to-buy","tag-shakti-pumps-india","tag-solar-pump","tag-triveni-turbine"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["308306"],"rank_math_title":["Solar Pump, Power Generation and Steam Turbine Stocks"],"rank_math_description":["Solar pump, power generation and steam turbine stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["solar pump, power generation and steam turbine stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-solar-pump-power-generation-and-steam-turbine-stocks-with-a-strong-future.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=308307"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308307\/revisions"}],"predecessor-version":[{"id":308308,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308307\/revisions\/308308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/308306"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=308307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=308307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=308307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}